Publication:
Croatia : A Strategy for Smart, Sustainable and Inclusive Growth

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dc.contributor.authorMadzarevic-Sujster, Sanja
dc.date.accessioned2014-02-12T19:32:39Z
dc.date.available2014-02-12T19:32:39Z
dc.date.issued2013-02
dc.description.abstractCroatia`s current economic challenges include sluggish growth, excessive public spending, high unemployment, and a deteriorating external environment. Croatian economy was making a fragile recovery and dealing with slow export growth, low investment, and persistent unemployment. At the end of 2011, Croatia gross domestic product (GDP) per capita (in purchasing power terms) declined to 61 percent average, a loss of 2 percentage points since 2008.The country incomplete structural reform agenda needs attention and action to promote greater competitiveness and a shift to productivity-based, private sector-led growth. It also faces the strategic challenge of maximizing the benefits of European Union (EU) membership, especially in terms of access to markets and the use of EU structural funds, requiring structural changes in the social sectors, education system, and business environment. Accelerating economic recovery requires Croatia to complete its currently unfinished structural reform agenda and shift to productivity-based, private sector-led growth. The government could also do more to: (i) reform product market regulation; (ii) remove administrative barriers to investments; (iii) reduce the logistics costs in trade; (iv) make the bankruptcy process more efficient; and (v) modernize contract enforcement and property rights.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/02/17481122/croatia-strategy-smart-sustainable-inclusive-growth-celebrating-40-years-progress
dc.identifier.doi10.1596/17037
dc.identifier.urihttps://hdl.handle.net/10986/17037
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEurope and Central Asia Knowledge Brief;
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO FINANCING
dc.subjectADMINISTRATIVE BARRIERS
dc.subjectAGGREGATE DEMAND
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY PROCESS
dc.subjectBARRIERS TO INVESTMENTS
dc.subjectBORROWING REQUIREMENTS
dc.subjectBROAD MONEY
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS CYCLE
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPITAL INFLOWS
dc.subjectCLIMATE CHANGE
dc.subjectCONSUMER PRICE
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONTINGENT LIABILITIES
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCREDIT DEFAULT
dc.subjectCREDIT DEFAULT SWAPS
dc.subjectCREDIT RATING
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectCURRENT ACCOUNT DEFICITS
dc.subjectDEBT
dc.subjectDEBT CRISIS
dc.subjectDEBT OVERHANG
dc.subjectECONOMIC CONSEQUENCES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC RECOVERY
dc.subjectECONOMIES OF SCALE
dc.subjectEMERGING MARKETS
dc.subjectEMISSIONS
dc.subjectENABLING ENVIRONMENT
dc.subjectENERGY CONSUMPTION
dc.subjectENERGY EFFICIENCY
dc.subjectENERGY INTENSITY
dc.subjectENTERPRISE RESTRUCTURING
dc.subjectENTITLEMENTS
dc.subjectENVIRONMENTAL
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKETS
dc.subjectEXPOSURE
dc.subjectEXTERNAL DEBT
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL PROBLEMS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SHOCKS
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL POLICY
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFUTURE GROWTH
dc.subjectGOVERNMENT DEFICIT
dc.subjectGOVERNMENT FINANCE
dc.subjectGOVERNMENT GUARANTEES
dc.subjectGOVERNMENT POLICIES
dc.subjectGOVERNMENT SUBSIDIES
dc.subjectHIGH DEBT
dc.subjectHIGH UNEMPLOYMENT
dc.subjectINCOME
dc.subjectINCOME LEVEL
dc.subjectINFORMAL ECONOMY
dc.subjectINVESTMENT CLIMATE
dc.subjectJOB CREATION
dc.subjectJOBS
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET CONFIDENCE
dc.subjectMARKET DEMAND
dc.subjectMARKET REFORMS
dc.subjectMARKET REGULATION
dc.subjectNATIONAL ACCOUNTS
dc.subjectNATIONAL DEFICIT
dc.subjectOLD DEBT
dc.subjectPAST DEBT
dc.subjectPENSION
dc.subjectPENSION REFORMS
dc.subjectPENSIONS
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY RESPONSES
dc.subjectPOLITICAL STABILITY
dc.subjectPRIVATE CONSUMPTION
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC SPENDING
dc.subjectPURCHASING POWER
dc.subjectREAL ESTATE
dc.subjectREAL GROWTH RATES
dc.subjectRED TAPE
dc.subjectREFORM PROGRAM
dc.subjectRENEWABLE ENERGY
dc.subjectRULE OF LAW
dc.subjectSAFETY NET
dc.subjectSAVINGS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SAFETY NET
dc.subjectSOVEREIGN DEBT
dc.subjectTAX
dc.subjectTAX BURDEN
dc.subjectTREATY
dc.subjectUNCERTAINTIES
dc.subjectUNEMPLOYMENT RATE
dc.subjectWORLD FINANCIAL MARKETS
dc.titleCroatia : A Strategy for Smart, Sustainable and Inclusive Growthen
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.date.disclosure2013-03-25
okr.date.doiregistration2025-04-29T10:15:22.698087Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/02/17481122/croatia-strategy-smart-sustainable-inclusive-growth-celebrating-40-years-progress
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid159731468248376883
okr.guid985831468026397073
okr.identifier.externaldocumentum000445729_20130325152554
okr.identifier.internaldocumentum17481122
okr.identifier.report76218
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/03/25/000445729_20130325152554/Rendered/PDF/762180BRI0Box30OWLEDGE0NOTES0SERIES.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryCroatia
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.topicEnvironmental Economics and Policies
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicEnvironment
okr.unitMacroeconomics 2 (ECSP2)
okr.volume1 of 1
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